Genesee & Wyoming Inc. (G&W) has made an investment in and formed a strategic alliance with Cargomatic, Inc., a technology platform connecting shippers and truck carriers with a focus on short-haul markets.
“We are pleased to add the Cargomatic platform as an extension of G&W’s rail service at terminal and transload locations across G&W’s U.S. rail network and to work with the Cargomatic team as they expand internationally to Europe and Australia. By extending our first and last mile service offering, Cargomatic not only improves the efficiency of first and last mile logistics between rail and road, but it also simplifies the multimodal touchpoints for our customers,” Michael Miller, Chief Commercial Officer of G&W, said.
Founded in 2013 and headquartered in Long Beach, Calif., Cargomatic focuses on the fragmented short-haul and drayage trucking markets connecting shippers and carriers real-time via its web platform and apps. The Cargomatic platform facilitates increased truck capacity, real-time tracking and an efficient transportation solution for shippers while providing owner-operator and smaller truck carriers visibility to traffic volumes and operational flexibility. Currently operating in Los Angeles, San Francisco, Chicago, Seattle, Dallas, Houston and New York, Cargomatic is expanding across the U.S. with plans to expand internationally.
“This relationship with G&W will create unprecedented transparency and facilitate ease-of-use for first and last mile logistics networks associated with rail; setting the stage for what we view as the semi-autonomous future of transportation: scalable long-haul rail, one train hauling hundreds of containers and railcars – with local, human powered pickup and delivery. The Cargomatic platform is unique in that it combines deep mobile and enterprise technology with robust customer service necessary for managing the intricacies of drayage and short-haul trucking for intermodal and breakbulk commodities. We are excited to work with G&W and together we will work to simplify and automate first/last mile delivery of bulk traffic flows across the U.S.,” Richard Gerstein, Chief Executive Officer of Cargomatic, said.
Share on:
